Rennie Gabriel

On a recent podcast episode, I interviewed Jeremy Stevenson. He would work for, or manage, family businesses. These are not businesses like your local dry cleaner or a construction company owned by a family. Family Business is a term that applies to a business owned by the ultra-wealthy, like folks with a net worth of over $30 million. So when I went to look up the term ultra-wealthy I noticed the following: People with the top 1% of net worth in the U.S. in 2022 had $10,815,000 in net worth. The top 2% had a net worth of $2,472,000. The top 5% had $1,030,000. The top 10% had $854,900. The top... Continue Reading

You ought to know if my Wealth On Any Income book – or course – is right for you. Which, by the way, you can get for free with a donation to the charity link on my home page. My books or programs are only a fit if you: Have to handle money, like pay bills and stuff Are single, married, or in a relationship Work for a living, are self-employed, or own a business Won a lottery And you would like to support a charity or cause that is important to you My books and programs are not a fit for you if you’re a trust-fund baby with access to an unlimited amount of money and other people do everything... Continue Reading

If you’re familiar with the Pareto principal, the 80/20 rule, and you’re not using it, then you’re working too hard and making so much less than you can. After reading the 80/20 Sales and Marketing book by Perry Marshall I realized this is information I should have had 20 years ago. The tag line of the book is “The Definitive Guide to Working Less and Making More” and it’s true. If you want to hear my podcast interview with Perry Marshall from March of 2023 you can access it here: Episode 132: Successfully Utilizing the 80/20 Principle with Perry Marshall (wealthonanyincome.com) Or... Continue Reading

In July the California Department of Real Estate (DRE) issued a warning about a new real estate scam and I wanted to pass it on to you. ————————————— DRE URGING ALL LICENSEES TO BE ON ALERT FOR GROWING VACANT LAND PROPERTY SCAMS SACRAMENTO – Last fall, the California Department of Real Estate (DRE) issued a statewide Consumer Alert involving identity theft and rental properties. Now, DRE is urging its more than 434,000 licensees to be on alert for another type of false identity scam. This one involves a growing number of fraudsters posing as owners of vacant land and... Continue Reading

Currently our country is in turmoil on the political landscape. There are deep divisions and polarization. Everything about the left is bad… Everything about the right is bad… A friend of mine for over twenty years wrote a book a few years ago about how lobbyists influence government and how senior bureaucrats control so much of how our government works in pharmaceuticals, tobacco, oil, and gas. It’s called Lobbycratic Governance. It is now getting new life to hopefully educate us on how our government actually works. A New York literary agency recently discovered the book my friend wrote... Continue Reading

Sometimes someone comes to me and says, “I’m too old to start over,” or, “I’m too old to start investing now.” You will see from the graph/chart below I’ve had some ups and downs. I’ve been broke three times and the last time was at age 50 when I had to start over. At age 75 I no longer worry about money and how I will cover my bills. However, I have met people with far larger incomes than me, and have almost nothing to show for it. You’ve heard it before, it’s not how much money you make, it’s what you do with it that makes all the difference. I created a multi-million... Continue Reading

Hopefully, this email is not arriving too late to consider whether you’re sending your children to college or considering a trade school. Or maybe this would apply to your grandchildren. First, you need to understand that there was a big shift around 1965 when the Higher Education Act was passed that opened the floodgates of student loans for college. The twist here is that the money borrowed goes to the college, not the student, but the student is on the hook (or the parents) to repay the loan. And while a business can declare bankruptcy to erase a business loan, the student is prohibited from... Continue Reading

Have you heard of the Federal Housing Finance Agency or loan-level pricing? Well, there is a government agency that just came up with a way to reward bad financial habits and punish people who practice prudent financial and credit management. The Federal Housing Finance Agency (FHFA) is charged with being the regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac. In October of 2022, FHFA announced that it would change the loan-level pricing adjustment fee on home buyers when they borrow to buy a home and it’s based on the borrower’s level... Continue Reading

Recently I received an email that said I was receiving an electronic remittance with a link that ended with an htm. See the photo below where it says “attachments.” I could have clicked on the attachment and let any one of my virus protection programs block it, but I chose to do something different. I decided to put the email address into Google and see what came up. Here is what I found: Federal Deposit Insurance Corporation (.gov) https://www.fdic.gov › consumers › consumer-news The first clue that it is a scam is that they send you a cashier’s check for an amount that is higher than... Continue Reading

What would you rather have, information or results? To build my email list years ago I gave away copies of my award-winning, best-selling book, Wealth On Any Income. It had already been translated into eight languages. I gave away 300 copies and what I later discovered is that only one person read the book. What that means is one person got the information and 299 people didn’t even get that. What does it take to get results? That requires action. Now, I will have to say my book is great. However, there is no book that can provide two very crucial items to produce results. The first item is... Continue Reading